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Qatar inflation still falling in November

Qatar’s monthly Consumer Price Index (CPI) fell by 0.4 percent in November when compared to October. The CPI now stands at 121.8 (2006=100), down 5.2 percent from the beginning of 2009. The index is a measure of the general price level of goods and services consumed by the average household in Qatar. The index has been trending downwards since the beginning of 2009 following a period of high inflation in 2008.

Some highlights for November 2009 were:

• Overall food prices increased 1.6 percent when compared to October. Contributing to this increase was a 3.6 percent rise in prices for mutton and a 6.7 percent price rise for fresh fruit (see detailed food tables below).
• Rental prices decreased by an overall 2.8 percent when compared to October and were now 16.3 percent lower than prices in January 2009.
• Clothing prices decreased by 0.7 percent in November. Footwear prices decreased by 0.9 percent.
• Air travel prices decreased by 1.3 percent after recording a sharp increase in the previous month.

 Food Prices:

Overall food prices recorded an increase in November of 1.6 percent when compared to the previous month. Despite the price rises recorded, food prices were an overall 1.2 percent lower than at the beginning of the year.

Rental Prices:

In November 2009, the Rental Price Index (RPI) was down 2.8 percent when compared to October. When compared to January 2009, the RPI was down 16.3 percent with the biggest drop (20.4%) seen in apartment rental prices.

 CPI release for November 2009